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C

CORRELATE AS915 464 505

IT services
Limited company
Nedre Skøyen vei 11 0276 OSLO, Norge
Services
/ IT services
/ 62.010 Computer programming activities

CORRELATE AS

Keywords

program developmentsoftware

Organization

CEO
PE

Phillip Edvard Grønvold1981

Chairman of the board
PE

Phillip Edvard Grønvold1981

Years since formation
10 years
since Jun 1, 2015
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
196,957,048
1 share class
Total number of shareholders
86
53 companies, 33 persons

Financials

Total operating income 2023
60,832
NOK
Annual total result 2023
-928,250
NOK
Total equity 2023
28,627,306
NOK
Last update: Jan 21, 2025

Management

Management / administration

NameRoleShares
PE

Phillip Edvard Grønvold

1981

Managing Director/CEO
1.6 %
indirectly

Board

NameRoleShares
PE

Phillip Edvard Grønvold

1981

Chairman
1.6 %
indirectly
HK

Halvor Kalve

1958

Board Member
9.8 %
indirectly
KH

Knut Harald Nylænde

1966

Board Member
39.01 %
indirectly
SM

Stig Magnus Herbern

1956

Board Member-

Others

NameRoleShares
R
REVISJONSFIRMAET ÅSVANG & CO AS
Auditor-

Top 10 individual shareholders

NameRoleShares
KH

Knut Harald Nylænde

1966

Board Member
39.01 %
indirectly
HK

Halvor Kalve

1958

Board Member
9.8 %
indirectly
BS

Bjørn Sund

1945

-
6.86 %
indirectly
BS

Benedicte Sund-Mathisen

1972

-
5.95 %
indirectly
MV

Marianne Vigtel Hølland

1975

-
5.95 %
indirectly
OG

Ole Goethe

1975

-
4.57 %
indirectly
SP

Suzann Pettersen Ringvold

1981

-
3.81 %
indirectly
CF

Christian Fredrik Pettersen Ringvold

1981

-
3.81 %
indirectly
SO

Svein Ove Brændhagen

1965

-
3.35 %
directly 0.13 %
indirectly 3.23 %
JK

Jan Kåre Risbakken

1959

-
1.75 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
O
OLYX AS
Ordinary shares
63,719,054
32.35 %
M
MOXIE AS
Ordinary shares
33,488,995
17 %
K
KALVE AS
Ordinary shares
19,305,963
9.8 %
T
TEKNIA AS
Ordinary shares
15,018,405
7.63 %
P
PARAPLY HOLDING AS
Ordinary shares
15,000,000
7.62 %
E
ENTREPRENØR SVEIN OVES AS
Ordinary shares
6,352,000
3.23 %
B
BJØRN SUND INVEST AS
Ordinary shares
3,309,000
1.68 %
T
THE COMPANY AS
Ordinary shares
3,167,143
1.61 %
L
LODESTONE AS
Ordinary shares
3,150,000
1.6 %
M
MANDRAKE AS
Ordinary shares
3,000,000
1.52 %
A
ASTRASOFT AS
Ordinary shares
2,750,000
1.4 %
G
GJØNNES AS
Ordinary shares
1,850,000
0.94 %
S
SKOGSBO INVEST AS
Ordinary shares
1,833,333
0.93 %
P
PROCENT AS
Ordinary shares
1,763,636
0.9 %
S
SMH MANAGEMENT AS
Ordinary shares
1,680,555
0.85 %
R
RIVELSRUD AS
Ordinary shares
1,470,000
0.75 %
K
KTRL AS
Ordinary shares
1,250,000
0.63 %
M
MARIL AS
Ordinary shares
1,100,000
0.56 %
G
GLITNIR REGNSKAP AS
Ordinary shares
1,000,000
0.51 %
IL

Inger Louise Tidslevold

1968

Ordinary shares
1,000,000
0.51 %
A
ADMINISTRASJON AS
Ordinary shares
1,000,000
0.51 %
WB

Werks Bv Jet

Ordinary shares
837,530
0.43 %
PB

Prinor Bv

Ordinary shares
837,530
0.43 %
EB

Energy Bv Dovre

Ordinary shares
837,529
0.43 %
M
MAGINEL AS
Ordinary shares
750,000
0.38 %
ØK

Øivind Kylstad

1963

Ordinary shares
715,000
0.36 %
F
FRAMAR INVEST AS
Ordinary shares
700,000
0.36 %
AS

Ab Seliva

Ordinary shares
600,000
0.3 %
AA

Ab Aocolum

Ordinary shares
600,000
0.3 %
E
EMJO AS
Ordinary shares
588,000
0.3 %
T
TREBIA AS
Ordinary shares
500,000
0.25 %
C
CORRELATE AS
Ordinary shares
475,000
0.24 %
E
EIMY AS
Ordinary shares
465,000
0.24 %
A
AV INVEST AS
Ordinary shares
400,000
0.2 %
R
RECO INVEST AS
Ordinary shares
300,000
0.15 %
R
RAW HOLDING AS
Ordinary shares
294,118
0.15 %
C
CESIUM AS
Ordinary shares
286,000
0.15 %
T
TRYGG-HOLDING AS
Ordinary shares
285,715
0.15 %
E
EXPEDITION AS
Ordinary shares
280,000
0.14 %
S
STAG-E AS
Ordinary shares
250,000
0.13 %
SO

Svein Ove Brændhagen

1965

Ordinary shares
250,000
0.13 %
NA

Nils Atle Smerthu

1964

Ordinary shares
235,294
0.12 %
S
SEH AS
Ordinary shares
230,000
0.12 %
JH

Jan Helge Meyer Kvalem

1968

Ordinary shares
200,000
0.1 %
M
MARCHFIRST NORWAY AS
Ordinary shares
200,000
0.1 %
B
BORHAVEN AS
Ordinary shares
190,000
0.1 %
E
ELVEHAVNA INVEST AS
Ordinary shares
183,350
0.09 %
MV

Moe Vetle

Ordinary shares
175,000
0.09 %
V
VENTRE AS
Ordinary shares
175,000
0.09 %
C
CAP NORD HOLDING AS
Ordinary shares
167,684
0.09 %
J
JOHNNY EKRA INVEST AS
Ordinary shares
166,667
0.08 %
M
MNI AS
Ordinary shares
165,000
0.08 %
GE

Gunnar Enge Krossen

1976

Ordinary shares
140,000
0.07 %
G
GAOSHING AS
Ordinary shares
133,400
0.07 %
CU

Carolina Ulrika Lindgren

1970

Ordinary shares
120,000
0.06 %
C
CUSTOM 3D AS
Ordinary shares
117,647
0.06 %
V
VADING HOLDING AS
Ordinary shares
100,000
0.05 %
S
SPECTER INVEST AS
Ordinary shares
100,000
0.05 %
A
ASPEBORG AS
Ordinary shares
100,000
0.05 %
A
AMANPURI AS
Ordinary shares
100,000
0.05 %
2
2BERG INVEST AS
Ordinary shares
100,000
0.05 %
JS

Jan-Olav Styrvold

1953

Ordinary shares
100,000
0.05 %
MK

Martin Kaur

Ordinary shares
100,000
0.05 %
LG

Lars Göldner

1988

Ordinary shares
100,000
0.05 %
OH

Oddmund Håvard Hammerstad

1942

Ordinary shares
100,000
0.05 %
S
SCIENTIA INVEST AS
Ordinary shares
82,000
0.04 %
S
SOLLI EIENDOM AS
Ordinary shares
80,000
0.04 %
AJ

Arild Johansen

1964

Ordinary shares
75,000
0.04 %
T
TEID AS
Ordinary shares
70,000
0.04 %
CS

Cato Severinsen

Ordinary shares
60,000
0.03 %
FS

Frode Severinsen

Ordinary shares
60,000
0.03 %
JE

James Evan Andriopoulos

1968

Ordinary shares
57,000
0.03 %
KR

Kuusmann Rasmus

Ordinary shares
50,000
0.03 %
TT

Tumanski Tanel

Ordinary shares
50,000
0.03 %
OG

Oü Grenden

Ordinary shares
50,000
0.03 %
S
STYRVOLD CONSULTING AS
Ordinary shares
50,000
0.03 %
LM

Legonkov Markko

Ordinary shares
50,000
0.03 %
ET

Ekeli Tostrup Herman

Ordinary shares
50,000
0.03 %
T
TEKNISK UKEBLAD MEDIA AS
Ordinary shares
47,000
0.02 %
AL

Anne Lovise Sætre

1998

Ordinary shares
42,500
0.02 %
TM

Talimets Martin

Ordinary shares
30,000
0.02 %
BD

Bogdan-Viikmann Dmitri

Ordinary shares
30,000
0.02 %
HS

Henrik Simonsen

1992

Ordinary shares
25,000
< 0.01 %
RT

Roosi Tõno

Ordinary shares
20,000
< 0.01 %
UM

Utkin Mari

Ordinary shares
10,000
< 0.01 %
PA

Pihelas Andreas

Ordinary shares
10,000
< 0.01 %

Shares owned by the CORRELATE AS

NameShare classTotal number of sharesShare
C
CORRELATE AS
Ordinary shares
475,000
0.24 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
60,832
101,843
1,673
Annual Total Result
-928,250
-2,237,964
-701,957
Total assets
40,075,524
34,339,545
32,246,787
Total liabilities
11,448,218
10,071,005
5,740,283
Total equity
28,627,306
24,268,540
26,506,504

P&L

Year202320222021
Total operating income
60,832
101,843
1,673
Total operating costs
1,796,053
2,391,140
592,403
Operating result
-1,735,221
-2,289,297
-590,730
Financial income/costs
-569,658
-579,394
-309,445
Profit before tax
-2,304,879
-2,868,691
-900,176
Total tax & extraordinary income/cost
-1,376,629
-630,727
-198,219
Annual Total Result
-928,250
-2,237,964
-701,957

Balance overview

Year202320222021
Total fixed assets
39,175,282
33,111,581
31,056,634
Total current assets
900,241
1,227,964
1,190,153
Total assets
40,075,524
34,339,545
32,246,787
Short term debt
8,948,218
7,571,005
3,240,283
Long term debt
2,500,000
2,500,000
2,500,000
Total liabilities
11,448,218
10,071,005
5,740,283
Contributed capital
28,627,306
24,268,540
26,506,504
Retained earnings
0
0
0
Total equity
28,627,306
24,268,540
26,506,504
Total equity and liabilities
40,075,524
34,339,545
32,246,787

Classification

Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.01
Industrial group
Computer programming activities
62.010
Industrial group
Computer programming activities